Common use of Authorization of the Deposit Agreement Clause in Contracts

Authorization of the Deposit Agreement. The Deposit Agreement has been duly authorized, executed and delivered by the Company and assuming due authorization, execution and delivery by the Depositary, constitutes a valid and legally binding obligation of the Company, enforceable in accordance with its terms. The description of this Agreement and the Deposit Agreement contained in each of the Registration Statement, the Time of Sale Prospectus and the Prospectus is true and accurate in all material respects.

Authorization of the Deposit Agreement. The Deposit Agreement has been duly authorized, executed and delivered by the Company and assuming due authorization, execution and delivery by the Depositary, constitutes a valid and legally binding obligation of the Company, enforceable in accordance with its terms, subject, as to enforceability, to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles. The description descriptions of this Agreement and the Deposit Agreement contained in each of the Registration Statement, the Time of Sale Prospectus General Disclosure Package and the Final Prospectus is true and accurate in all material respects.

Authorization of the Deposit Agreement. The Deposit Agreement has been duly authorized, executed and delivered by the Company and assuming due authorization, execution and delivery by the Depositary, constitutes a valid and legally binding obligation of the Company, enforceable in accordance with its terms. The description , subject, as to enforceability, to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of this Agreement general applicability relating to or affecting creditors’ rights and the Deposit Agreement contained in each of the Registration Statement, the Time of Sale Prospectus and the Prospectus is true and accurate in all material respectsto general equity principles.

Authorization of the Deposit Agreement. The Deposit Agreement has been duly authorized, executed and delivered by the Company and assuming due authorization, execution and delivery by the Depositary, constitutes a valid and legally binding obligation of the Company, enforceable in accordance with its terms, subject, as to enforceability, to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles. The description descriptions of this Agreement and the Deposit Agreement contained in each of the Registration Statement, the Time of Sale Prospectus General Disclosure Package and the Final Prospectus is true and accurate in all material respects.

Authorization of the Deposit Agreement. The Deposit Agreement has been duly authorized, executed and delivered by the Company and and, assuming due authorization, execution and delivery by the Depositary, constitutes a valid and legally binding obligation of the Company, enforceable in accordance with its terms. The description of this Agreement and the Deposit Agreement contained in each of the Registration Statement, the Time of Sale Prospectus General Disclosure Package and the Prospectus is true and accurate in all material respects.

Authorization of the Deposit Agreement. The Deposit Agreement has been duly authorizedauthorized by the Company and, when duly executed and delivered by the Company and assuming due authorization, execution and delivery by the Depositary, constitutes will constitute a valid and legally binding obligation agreement of the Company, enforceable against the Company in accordance with its terms, except as may be limited by bankruptcy, insolvency (including, without limitation, all laws relating to fraudulent transfers), reorganization, moratorium or similar laws affecting enforcement of creditors’ rights generally or by general principles of equity (regardless of whether enforcement is considered in a proceeding in equity or at law). The Deposit Agreement conforms in all material respects to the description of this Agreement and the Deposit Agreement contained in each of the Registration Statement, the Time of Sale Prospectus General Disclosure Package and the Prospectus is true and accurate in all material respectsProspectus.